Vendetti will join founding general partners Brian Connors and Clint Chao as the firm’s third investing partner next month. He will take on responsibility for investing from the $77.5m (€61.6m) Formative Ventures Emerging Technologies Fund, which was closed last September.

He joins from private equity firm Bay Partners, where he spent the last six years as a general partner. He was previously a vice president in product management at communications firm MetaWave.

Brian Connors, co-founder and general partner, said: “He understands how to navigate the challenges and decisions an early-stage company needs to make during the most critical, formative stages of development.”

Formative Ventures specializes in making investments in emerging technology start-ups in sectors including communications, wireless, and Internet.